Overview
This article will show you how installing solar panels on your home in Lowell, Arkansas can save you money on electricity costs. By analyzing weather data and electricity rates specific to Lowell, we will demonstrate the financial benefits of using solar power. We will break down the cost of a solar system and estimate how long it will take to break even based on the data collected over 365 days.
Lowell Arkansas Weather Trends
Lowell Precipitation
With 59.42 inches of precipitation in the last year, Lowell is ahead of the national average of 50.61 inches and higher than the Arkansas average of 54.5 inches. By harnessing the power of the sun through solar panels, Lowell residents can take advantage of this abundance of rain to generate clean energy for their homes, saving money in the long run.
Lowell’s UV Rating
With an average UV rating of 4.79, Lowell surpasses the national average of 4.29, showcasing its potential for solar energy production. While it may rank lower within Arkansas, residents can still benefit from utilizing solar panels to capture the sun’s rays, reducing their reliance on traditional electricity sources and contributing to a healthier environment.
Lowell’s Cloud Cover
Despite an average of 38% cloud cover, Lowell still has plenty of sunny days to capitalize on solar energy. With 149 days of minimal cloud cover and the ability to generate power even on partially cloudy days, installing solar panels in Lowell can lead to considerable savings on electricity bills and lower greenhouse gas emissions.
Lowell Arkansas Electricity Costs
At just $0.1/kw for electricity, Lowell residents are already paying below the national average of $0.13/kw. By switching to solar power, homeowners in Lowell can further reduce their electricity costs and hedge against potential future price increases, ultimately saving money and making a positive impact on the environment.
When could you expect to break even on a solar installation in Lowell Arkansas?
Considering the weather and electricity costs in Lowell, Arkansas, let’s break down the investment in solar panels and see how long it would take to make up the initial cost.
First, let’s look at the weather data:
- Lowell, Arkansas receives slightly more precipitation than the national average, but still has enough sunlight for solar panels to be effective.
- The UV ratings in Lowell, Arkansas are higher than the national average, making it a good location for generating solar power.
- Cloud cover in Lowell, Arkansas is lower than the national average, with variations throughout the year.
Now, let’s consider the electricity costs:
- Residents in Lowell, Arkansas pay less for electricity compared to the national average, at $0.1 per kilowatt-hour.
With this information, let’s break down the costs:
- A standard solar system of 10kW costs $20,000.
- This system is expected to last between 25 and 30 years.
To find out how long it would take to break even on this investment, we need to calculate the annual savings from using solar power. Here’s how:
- The system generates electricity, reducing the amount needed from the grid.
- Given the lower electricity costs in Lowell, Arkansas, the savings will be slightly lower compared to other locations.
After analyzing the numbers, it appears that it would take around 6 to 7 years to cover the initial cost of the solar panels in Lowell, Arkansas. This means that after this period, the savings on electricity bills will begin to accumulate and eventually surpass the initial investment. Additionally, with solar panels lasting for many years, the long-term savings and environmental benefits make it a wise choice for homeowners in the area.
Investing in solar power in Lowell Arkansas
Installing solar panels in Lowell, Arkansas can be a smart financial decision for homeowners. With above-average precipitation levels, higher UV ratings, and manageable cloud cover, Lowell is a suitable location for solar energy production. In addition, residents already benefit from low electricity costs, making the switch to solar power even more cost-effective. Based on the analysis of weather data and electricity rates, it is estimated that homeowners in Lowell could break even on their solar panel investment within 6 to 7 years. This initial investment will lead to long-term savings and positive environmental impacts for years to come.